- SPIs are particularly beneficial for small entities, including start-ups, as they allow for providing most payment services with less stringent requirements compared to national payment institutions.
2. Scope of Allowed Activity:
- SPIs can offer a wide range of payment services, including:
- Keeping payment accounts (e.g., storing funds, making cash withdrawals).
- Executing transfers from accounts and cards (including mobile applications).
- Direct debits.
- Issuing payment instruments (e.g., payment cards, mobile apps, BLIK).
- Acquiring services (enabling acceptance of card or mobile app payments).
- Providing money remittance services.
- Max turnover: €1,500,000 monthly.
If a SPI exceeds the turnover limit, it can continue its business while applying for an upgrade to an Authorized Payment Institution (API).
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